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bosses are faring. up 6.1%. the ftse in terms of percentage had its biggest gain. using 4600 as a flaw. the dax being the outperformer up 0.8%. cable trading 1.67.. >>> let's move on and look at some of the asian stories with chloe. good morning do you have. >> good morning, steve. approximate we had a strong session for a monday. a lot of optimism that the growth picture in asia is very much on the way, bolstered by the pmi numbers out of china. a lot of green, as you can see, with an exception of the nikkei. a tad lower, but hanging above that 10,000 level. the south korean kospi pulling ahead by half a percent, setting the tone for the rest of asia for the month of july. look at the numbers, actually down for the month, 20%. still better than expected. over in the greater china market, more news. the hang seng up by 1.1%. investors getting a lot of conviction over those pmi numbers. the bombay sansex also higher by half a percent. it will be about the job numbers we get out of the u.s. later this week. >>> nymex light sweet crude processed $70 per barrel. gaining ground by more than
-ed opinion piece in the "new york times" saying that the u.s. continues to need that stimulus, do everything that's important right now, but they have to keep an eye on the future, he says. estimate ewe husband and the net debt of the country is growing at 1 percentage point per month and that's something to worry about long-term. we'll talk more about that in a moment. taking a look at bond, the 10-year bund at this point trading down right now. the yield is lower at 3.27% ahead of the boe minutes which which are due out in the next hour. and also we've got the ten-year note here down to 3.45% having rallied at this point yesterday. taking a look at gold with a bit of dollar strength this morning, we are seeing a bit of gold weakness just a skosh, off 0.4% down about $3.85. joining us now is ivan mamale and simon grose-hodge in lichtenstein. simon, i want to start with you. in your notes, you say essentially the data that everyone has been pinning their recovery hopes on is starting to plateau. i'm wondering if you see the markets kind of in that same sort of stall pattern heading here into
. no brent, we don't have brent, but it should be pulling, as well. mike, over to you in the u.s. how are you today? >> thanks, christine. doing well, thank you. hope you are too. and we're about 5 1/2 hours away from the opening bell here in the united states. and we do have the futures pointing toward a lower open across the board. basically investors doing a read through from what's going on in asia and china and barring a major meltdown in the stock market today. nonetheless, this could be the best stock rally, the best six-month rally, that is, since 1933. moving over to the treasury markets, even though we did see that slight selloff in the stock market on friday, we did see the price go up and the yield come down. that's continuing today at 2.3%, but maybe a pronounced selloff if we move on to the ten-year tee note. right now we have the yield pulling in again just a little bit at 3.4%. as far as gold is concerned, it did go up 1% in friday's trading, and it might be oil price related, christine was just talking about and also inflation fear-related, but we did see the price holding st
's been the last 24 hours or so at 3.33%. u.s. yields here moved fairly high yesterday as we saw a bigger appetite for risk and a lot of folks moved out of the bond fixed income market. we've got the ten-year notoriety now at 3.63% and gold at the moment not attracting too much of a bid, either, with a lot of folks continuing to have that appetite for risk. credit teen. >> bertha, joining us now for market strategy, we have christian baberg market strategist glaxo bank and hopefully we will have steven teich later in the show. christian, do you think markets are too optimistic? >> yes, we do think so. if you look at what's going on in markets right now, markets are pricing in that consumers will start a pick up in demand. namely, that inventory to a certain part will have to be refilled. but from that point on, markets are pricing in a huge pick up in consumer demand and quite frankly, we've had some difficulty seeing where it's coming from. because if you see what consumers are doing, especially in the united states but also in europe, there are savings more now, the savings rate in the
where ben franklin used to sit naked and think. >> oh, yeah. >> that's a hot spot. a subway platform where jerry springer was born in london. >> sure. >> it is a quirky, quirky tour. >> usually, the "weekend window" is stunning vistas and parkways. this morning, we've been warned, i'm intrigued by this story. first, ron claiborne kicks us off. >> good morning, bill and kate. >>> we begin with breaking news after 18 years the remains of american pilot scott speicher who was shot down during the first gulf war have been found in iraq. in a combat mission first night of the war back in january 1991, the military initially declared him killed, but changed his status to missing in action and then captured. the military says his remains were recovered the past week and flown toover air force base for identification. >>> we turn now to the three americans held in iran believed to be college students on vacation who mistakenly crossed the border into iran while hiking. abc's jim sciutto has the latest from london. good morning, jim. >> reporter: well, good morning. efforts are now under way
put a dent in your weekend plans. >>> good morning. i'm gurvir dhindsa. us on steve chenevey.h this thursday morning. the flags at this u.s. capitol at half-staff in honor of the late senator ted kennedy. they will remain that way through sunset sunday. >>> president obama handed down the order in a proclamation yesterday had n. which he called senator kennedy one of the most accomplished americans ever to serve our democracy. >>> we want to take a check on our forecast. for that, tucker barnes. >> you notice that there is a lot more water in the atmosphere. that means humidity is on the increase. >> that was a beautiful shot of the capitol dome. not very windy out there either. >> very still at this hour. we are looking at the possible of some scattered showers d thundetorms as we get into the afternoon. so a changing forecast today. going to be summery around here and then some big changes as we get wek. let's get ewek. let's get started thwi a look at our satellite-radar. i want to mention very quickly atdanny had maximum winds of 60 miles per hour. i will show you awe sa
at ruckston road. allow yourself extra time and use caution. the roads are pretty slick. that's a look at the morning travels. megan, back to you. >>> a state correction officer is fatally shot and this morning the search is on for her killer. erica car was shot several times. police found her in the seat of a ford explorer in the ken hill avenue. she was rushed to john hopkins hospital where she was pronounced dead. carr was shot in the arm, head and neck. >> reporter: officers were called to the area for shots fired. they did a canvas and this car was -- miss carr was found in a vehicle unresponsive in a ford explorer. >>> they have no reason for the shooting. >>> pastor st. george craw said that someone sprayed graffiti and tried to break into the overcomers tabernacle church. some think that the crime is linked to a funeral to be had today. the pastor thinks that someone responsible is trying to send a message. >> there would be certain people that are coming to the funeral, who they want to say, look, we don't only know where the funeral is being held, but we have come in and des
and thank our sponsors, major sponsors, thank them very much for supporting this conference for us today and making it very possible for all of us who are here today. i'm going to make my speech very short, because i really am excited about the lineup that we have for you for the next several days. i think we have some of the experts without a doubt, and if we were doing the -- some type of awards ceremony, i probably would have a black tie on and everything and introducing them, because i think we have the cast for you that will be to present i think the message thaw want to hear and deliver the information you need in terms of what you're doing for the business at hand. i would like to acknowledge and welcome all the individuals, agencies and countries who are participating in today's international swine flu conference. the outcome of this important conference will truly be realized from your thoughtful engagement through the various breakout sessions and the critically important information that will be shared by my new found colleagues today, with you being here, and the esteemed spe
and human misery as weapons against the inflation. let us pledge that employment will be the first priority of our economic policy. . across the generations. it is the glory and the greatness of our tradition to speak for those who have no voice, to remember those who are forgotten, to respond to the frustrations and fulfill the aspirations of all americans seeking a better life in a better land. we dare not forsake that tradition. we cannot let the great purposes of the democratic party become the bygone passages of history. we must not permit the republicans to seize and run on the slogans of prosperity. we heard the orators at their convention all trying to talk like democrats. they proved that even republican nominees can quote franklin roosevelt to their own purpose. the grand old party thinks it has found a great new trick, but 40 years ago an earlier generation of republicans attempted the same trick. and franklin roosevelt himself replied, "most republican leaders have bitterly fought and blocked the forward surge of average men and women in their pursuit of happiness. let
the damage that many of you are still cleaning up this morning. megan gillan joins us now with the late east. >> good morning megan. >> good morning patrice. seems everyone got wet yesterday but not everyone is dealing with this today. take a look at what folks in cecil county are waking up to this morning. the clean up started late laugh night after the storm ripped through this neighborhood still has down power lines and broken branchesz covering the streets there. trees were uprooted and thrown around leaving some homeless. this owner says the owner in this place is in their 70's and were forced to move into i a hotel for a while. major structural damage. the tree limbs went through the house. all the roof rafters and shingles, neferg there is wiped out. it will be condemned. >> all morning long we've been getting photos from you in the storm damage in your neighborhoods. take a look at some that scott elton took. see what the strong winds were able to do. we o got pictures in from john and ellen gillan. they captured pictures from the bay. severe weather and they have a lot to clean you.
'll answer those questions and a few more. slogan comes to us from jack in georgia. north, south, east, and west. "fox & friends" is the best. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- brian: i recognize that music. steve: welcome aboard. gretchen: we are up in gear. steve doocy is back from vacation. i hope had you a wonderful time. steve: i went to the mother land of ireland for seven or eight days. it was fantastic. brian: meanwhile when the judge came back he found kilmeadian, the town. you came back with a w. no information about my ancestors. steve: i was at a place called kilmeadian jail. gretchen: it's not about you, brian. brian: i think it is. let's talk about the myriad of issues including firefighters out of in california. gretchen: start with your evidence lines for a monday morning. a bunch of stuff going on today including this fox news alert. a massive wildfire burning out of control near l.a. leaves two firefighters dead. vehicle overrun by fierce flames. plunged off the side of a mountain. captain
on policy and the federal reserve. >>> is the worst behind us? a growing number of the nation's top forecasters says the economy has already bottomed. today's market decision, the fed decision, trade data, a majority treasury auction and weekly mortgage applications. crude inventories, earnings from major retailers and much, much more as "squawk box" begins right now. >> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and carl quintanilla. the fed is set to wrap up a two-day meeting this afternoon. it has a policy statement that's expected at 2:15 eastern time. the central bank is widely expected to keep rates on hold for now even though a growing course of directors is looking for the fed to upgrade its comments on the economy. different economists say we could be nearing tend of a recession. the fed is expected to announce a program to buy $300 trillion in treasuries will come to an end in september. >>> a new survey of the nation's economists find ben bernanke should be reappointed to a new term as federal reserve chairman. mea
and will they not come out in the next couple of years then? brian: twitter.com. tell us what you think. have the clunkers worked for you have you bought? are you a dealer? the president of the united states an interesting tact yesterday. after going a couple of days without talking about health carat all he sat down with what he considers, some consider, a conserve fife talk show host -- conservative talk show host and had a 25-minute interview in which he took some calls. gretchen: he did. and the president laid out four things that absolutely must be in his idea of what health care reform is here they are. gretchen: must be deficit neutral. i'm not sure what that means. do you? peter: based on the h.r.3100 or whatever number, the big bill is, that there will be an impact. so i don't know where that's coming from. gretchen: it must bend the cost curve. he sounds like an ee condition mist. peter: that's another word for rationzing. gretchen: thank you, peter. insurance reform for all despite preexisting conditions. we've heard that before. peter: and there's agreement with the republicans on
about when u.s. troops will leave afghanistan. the man said to become the senior advisor predicts the u.s. will be fighting in the country for two more years. at that point he says troops will either turn power over to an improved afghan force or, quote, lose and go home. meantime, a report on the war is due out in eye few weeks which may -- a few weeks which may lead to a request for additional u.s. forces. an accused killer in his own words. we warn you. this video is disturbing. the lone gunman who murdered three women in a pennsylvania gym recorded this video. in the video which was posted last year on youtube, he ranted about. >> my objective is to be able to emotionally connect with people. because when i'm 10 to 20 years older than she is, she has to feel good about this thing. gretchen: three women were killed, nine wounded when he opened fire on an aerobics class. we're also learning that he bought guns from the same online dealer who sold weapons -- uh-oh -- to the virginia tech shooter. new information on the two american journalists just released from north korea. lisa ling sa
to tell us know about the tropical storm danny. >>> yes, danny. as it moves up along the eastern shore -- not the eastern shore but near the eastern seaboard, north carolina it could be a hurricane, and tailing off to the north and east, but it could bring heavy rain for the weekend. >> oh, jeez. >> umbrellas. >> yes, absolutely. >> before we get there, tonight, the rides at the state fair, maybe some light showers and thunderstorms around. >> oh, no. >> spotty, so we hope not not to see that. before you get on those rides, you're maybe taking a bus to school. 70 degrees, partly cloudy skies, that is the way it is heading out this morning. 76 degrees downtown looking at the temperatures in the mid-60s throughout the area. sky watch radar indicating showers through pennsylvania for now. later in the day there could be a couple of isolated chances for showers and even a thunderstorm. we don't expect anything that strong. as we put things into motion in the future scan model, a better chance for showers for thunderstorms comes tomorrow as we get the influence of the thunderstorms, the fro
. meteorologist steve fertig is here to tell united state us hos and if it's going to last throughout the week. >> good morning, patrice. it's going to last through the day. although it will warm into the 70s this afternoon. it's a cool start and it will be a cool couple days before we see a warm up before the weekend. we will look forward to 80s then. today 75. at the bus stop, here is where we start. 63 degrees, there are locations to the north that are starting in the upper 50s. as patrice said it, a chilly start and you might want the light jacket. mostly cloudy skies. and we should some sunshine mixed in during the day. you will see the 50s up in pittsburgh and in general, 57 in harrisburg, and more 50s as you go further points toward buffalo. it's going to be a chilly start for everybody in the mid-atlantic and the northeast and you see showers to the south, staying to the south and high pressure staying to the north. it fights off the shower activity to the north. if you're in the north, expect showers, and then they will taper off by afternoon and we will look forward to clear or clear
hearing from you. call in on any topic. the number, 1-877-tell-hln. e-mail us or text us. start your message with the word "prime." it's your chance to be heard. >>> welcome once again. this is "prime news." i'm mike galanos. lots to get to. let's get right after it here. breaking, urgent developments in the michael jackson case. entertainment tonight is reporting the king of pop was finally buried in secret. we'll get to that. his resting place, forest lawn cemetery in hollywood. and this just in today. the los angeles county coroner's office has completed its report on jackson's death. so when are we going to find out what killed him? we'll take your calls, 1-877-tell hln is the number. joining us to talk about it, russell weston, attorney, also with us, steve rogers, detective lieutenant, nutley new jersey police department. also, former member of the joint terrorism task force. anita kay is with us, criminal defense attorney, former prosecutor. and also joining us, ted rowlands, he's been covering this since day one on our sister network, cnn. ted, right to you on this one. we've
but have very little education, and often the and their-are uninsured and use medicare. if we want to reduce the insured population and avoid large costs for taxpayers in the healthcare system, we need to enforce immigration laws and reduce illegal immigrants in the country, and on legal immigration, moving forward, in the future, we would need to allow in many fewer immigrants who have little education. barring those two changes, i immigration will continue to have a very large impact on our healthcare system, a lots of folks who need medicaid with cascading series of wednesdays for the system. thank you. >> jim. >> i think it's evidence from steve has talk that immigration will affect and be affected by the health reform legislation being crafted in the house and the senate, with 12 to 15 million uninsured immigrants, this was discussed. their mere presence means that every provision of the legislation that is designed to extend health coverage to those without insurance will potential ly expand, as steve highlighted. the taxpayers' cost, by the billions if not tens of billions o
can send us a message by twitter. here is the front page above the fold in "the washington post" -- as a ben bernanke is reappointed, the announcement will come this morning from an elementary school. here is what mr. obama will say "as an expert on the causes of the great depression i'm sure that ben never imagined he would be part of the team responsible for preventing another." he purged the collapse with calm and wisdom with bold action and thinking outside the box. -- he approached that collapsed. these reporters indicate that mr. obama's decision had become the subject of growing speculation. in washington policy circles the president called the fed chairman to the oval office this past wednesday to offer him another four-year term. mr. ben bernanke then flew off to wyoming where he gave the defense of his controversial policies. one of the points, is that appointing a democrat such as janet yellen, alan blinder, would have been popular with many democrats, but a move by mr. obama to install his own person at the fed might have rattled markets and unsettled the foreign inv
there, for-profit education has been a big place on fire. it's up 10%. phil lebeau has more for us and breaking news on cars. hey, phil. >> we do, rebecca. the cash for clunkers program, the deadline for dealers to file paperwork at the federal government has been extended once again. remember, it was originally supposed to end at 8:00 last night. government said listen, we'll extend it until noon for the dealers to file paperwork. now they're saying until 8:00 tonight. because there's so many dealers trying to get paperwork in on the cash for clunkers deal. medical list, that's the latest on the program. we're still waiting for the final number in terms of how many sales, as well as how much of the $3 billion the government set aside will be used up for cash for clunkers. >> and i'm still waiting for cash for fall handbags and purses. >> cash for clunkers, refrigerators, appliances, washing machines. >> handbags and shoes. i can't wait. it's going to be great. >> i just want to check for the news. >> let's talk more about ben bernanke and his renomination. what does it mean for th
of a senator in new jersey. by "us," i think he was talking to the latino community. what do you make of that? >> i think anybody who is going to cast a vote for or against a nominee based on the color of their skin, that is the wrong way to be making a decision. he and the latino activists can scream all they want. the people they are appealing to and that they are going to try to rev up are not likely republican voters in the first place. i do not think this is going to make a difference. you have people like orrin hatch, who has an excellent relationship with the latino community, he cast a vote against this woman. he has one of the best outreach policies of anyone in the senate. neil: when senator barack obama voted against samuel alito for the court, i do not know if there was an outcry, "it is going to hurt him with a italian-americans." i would hope we are beyond some silliness -- hurt him with italian-americans." >> we ought to be beyond that, too. race and gender do not block people's elevation to hire op- ed's any longer in america. it just does not happen -- elevation to higher ele
by a shark. the rescuer joining us live. our slogan this hour comes from ray in north carolina. ray says, forget the rest. when it comes to news, "fox & friends" is simply the best. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- gretchen: good morning, everyone. we hope had you great weekend. brian is taking a little time off and peter johnson jr. is sitting in his seat. good to have you with us. peter: nice to be here. gretchen: maybe you checked out the news over the weekend. maybe you paid attention to this one. taxes are coming to everyone's way now? could it be true? after obama pledged that everyone who made under $250,000 would not feel the tax hike. timothy geithner on the talk show says middle class, you may be hit. >> the president has said the taxes won't go up for any americans earning under $250,000. doesn't appear is he going to be able to keep that promise to bring the deficits counsel down. >> we can't make those judgments what it's going to take and how it's going to be there. what it's going to take no on
in the thekd quarter shrank by a more than expected quarter. a lot like u.s., ended up with minus 6 and change from a revised number. hey, we don't have any buybacks until tomorrow. the first of september we'll get a buyback, especially after steve had those great moments with the new york fed governor, dudley. of course, monday nany market participants still say that issuing of debt is a monetization. many don't understand why they don't admit it. as far as the market today, it is trying to annticipate both ap and friday's jobs report. jobs are king. mark haines, back to you. >> santelli, thank you. >>> sell-off in asia overnight which is now impacting us. china's shanghai composite led the pack to the downside dropping 6 3/4%. that is a three-month closing low. the month of august, chinese stocks dropped more than 21%. their second biggest monthly loss in 15 years. hong kong's hang seng lost about 2%. japan's nikkei down .4. after jumping more than 200 points earlier in the session. guy johnson, things a little rocky in europe? >> yes, to say the least, mark. that china story certainly havin
builds in today. it brings us a pretty day. that will be the way for the remained main defer the day. wait 'til tomorrow. big changes on the way. the heat and humidity starts to clievment chance of thunderstorms comes your way and what you see now will be a different picture as thunderstorms move into the forecast then and temperatures by sunday and into monday climbing well into the mid 90's. more on that coming up in a few minutes. right now candice haze look at what's happening on the roadways with traffic edge. >> thank you steve. good morning. as you're traveling out on the main line, so far we're in the green and loving that for friday morning. starting on south 95 from mountain road heading to 69 5 , right now a ten minute commute. and good news on # five through the city. we just cleared out an accident on the southbound laindz lanes on o could be nel street. right noi now a five minute commute and approaching the downtown region on the southbound side of the jxf on 69 5 , so far a 15 minute right ride there. keep in mind though we still have dealing with the broken water mai
and thanks for joining us. i'm steve chenevey. >> i'm allison seymour. we'll have more on a rain- soaked weekend in the forecast. >>> michael vick makes his return. it didn't take long to appear in his first game of the on se 'll hear from vick coming up. >>> and also ahead this morning, they were nine y oung students to help fight intolerance and change the makeup of america's classroom. green, a member of the little rock nine, will join us. >>> danys istill a tropical storm. s bunot so strong any more. the storm has weakened over the atlantic. winds are just about 40 miles upe hounpew.o ical storwaa tch for oaast c is still in to affect today as l swells ctxeedpel toexpected to dangerous surf and life- threatening rip currents. and it's possible danny may regain speed. >> 76 degrees here in the d.c. area. and we turn our attention to tucker barnes and what is going on with danny. > we've had a lot going on. h adwe unththrstorms overnight and wor flooding overnight in baltimore. and we're starting with clouds d humidity and the hpotential of more halfy rain here in washington. not d
own town hall meeting. steve: kelly joins us from washington, d.c.. tempers are flaring last night. >> we have seen a lot of this going on. in the state of maryland, we're talking about senator cardin. outside, you are looking at the protesters shouting. these are the protesters for and against health care. those are hearing and shouting at each other. fortunately, no violence. on the inside is where the sparks were flying as well. the vigorous debate continued on the inside. it was pretty much the same thing on the outside. here is what center been carted -- senator cardin was facing. >> united states ranks 37th on health care results out heaof 191 countries. >> if you will just allow the senator a few more moments and we will get to the questions >> basically, you have people using their right of free speech and been very vigorous in their debate against health care. this has been going on across the country. the president of the united states said he welcomes vigorous debate, but in the long run, he would like to see more cooler haneads prevail. brian: i heard the stuff was goin
, right? >> i am saying there is a trust gap that is growing, and as you just articulately put it for us, we are seeing promises being broken in other regards, and when it comes to my personal privacy, the privacy of my own conversation and, neil, as i might add, this is not about a suspicious suitcase being left in the middle of grand central station or some vehicle parked somewhere that looks suspicious. this is something that has something to do with the core fundamental principles of health care, and we are having our debate about that. if we are not able to have that in the privacy of our own homes and in casual conversation, this is no longer america. neil: thank you. we would read what kevin has put out, because he has framed this debate way beyond a liberal or conservative conversation. left, white, red, blue. this is just plain illegal. our senior analyst judge andrew napolitano joins us. it is illegal? >> yes. when richard nixon was worried about anti-war protesters during the vietnam era, he said fbi agents and undercover cia agents under cover, which is against the law to be
. hopefully nobody's handing him his approval ratings. brian: they're not strong. for him, anyway. used to be at 70%. for a while it was 60%. right now if you go on the weekly ratings, the weekly poll with galup -- and they've been doing this for a while, the galup family. his approval rating is 52%. that's a significant drop considering where it was. last month it was at 59%. it was really before, eric, this whole health care debate began. eric: o'reilly put this out last night. he was 40% of the people polled in rasmussen strongly disapproved. i mean strongly, not just disapproved. only 28% strong lay proved. -- strong lay proved. there's a real movement with people getting more and more upset with how he's handling the health care debate. gretchen: there's been little flip in people who describe themselves as liberals. as you might expect. the same would have been true for the most part for george bush, that the ardent supporters probably aren't going to change their mind. however, the two key groups, the independents -- remember, this is how barack obama got elected, because so muc
coast of the u.s. is next. chad myers watching every move. >>> some call it mercy. others a travesty. scotland's release of a libyan bomber was controversial enough. his arrival back home? outrageous. >>> and a former swimsuit model murdered. her ex-husband charged and on the run. we're pushing forward on the manhunt. >>> hello, everyone, i'm kyra phillips, live at the cnn world headquarters in atlanta. you're live in the "cnn you're live in the "cnn newsroom." -- captions by vitac -- www.vitac.com >>> warnings go out as hurricane bill closes in on bermuda. waves are already picking up, as we can see in these pictures from one of our i-reporters and along the u.s. east coast people are being advised to keep a close watch on the big storm. it's not expected to make a direct hit, but it's still going to produce some pretty dangerous riptides and mess up a lot of weekend plans. bill's impact is expected to be felt all the way from florida to new england and actually into canada. chad myers tracking hurricane bill for us there in the cnn severe weather center. what's going on, chad? >> i
's, it's certainly used as steve just referenced in not only russia's western periphery, but there are leaderships in central and eastern europe who are integrated into the european union and nato who are still quite concerned. and from their standpoints that could be justifiable. whether there will be russian military intervention into former central and east european territories -- and i'm speaking about countries already integrat into the european union and nato as full members -- i highly doubt it. however, when you see the european union as i just touched upon briefly in my presentation increasing this eastern partnership or outreach to your raise ya and os -- eurasia and ostensibly for energy assistance and development which includes countries such as georgia if i'm not mistaken, couries which may never become european union members in the next 5-10 years but i couldn't say for sure how that will evolve, i have to believe that it's less a matter of sphere of influence in military terms as it is in staking out the absolute requirement for energy supplies becausi don
passing day. he is a catergory ii hurricane now. >> but he is going to leave us alone, right? >> that remains to be seen. by the end of the week is when he would have an influence on the eastern seaboard, but there's a chance he may curl out to sea. you may be correct, but we may have to watch it closely. around here it's mainly the hot temperatures we are having to deal with. right now it's 76 degrees in baltimore and the surrounding areas also in the 70s. will you see showers trying to make their way into the west, a few of them have made their way into garrett county. 20% chance for later in the afternoon, especially. let's time it out here in the future scan model, you will see the shower chances increasing through the later part of the day. it looks like it's throughout the region indicated by all of that green, but it's going to be more of an isolated incident around 5 to 10:00 p.m. and closer to 10:00 p.m., and eastern shore maybe until 10:00 p.m. we're going to see repeated or some definite distinct chances throughout the area at different times through the day. they
steve fertig and see how our day will be shaping for us this wednesday morning and how the weather will fair. it's wednesday already. >>> for some people it's back to school. pg county, as well as carroll county, they're into school. you know what i have a. >> what? >> a bus stop forecast. see if that wasn't enthusistic. and it shouldn't be. i know you want more summer. 74 degrees for current temperature. heading to the bus stop will be a comfortable ride into school with mainly clear skies out there. southwest winds at 5 miles per hour. it could be worse, you could be going to school at buffalo in which case you it would be 65 degrees, actually that is not so bad, either, but still cooler. dry conditions looking pretty good today. you are watching a chance of showers, maybe even thunderstorms moving in for later tomorrow, but just an isolated chance, the better chance comes friday, saturday, and sunday when you know it for the weekend. we talk about possibly danny moving up the coast as well. we will get you the fair day forecast if you're headed there tomorrow. right now candace
with a small plane this afternoon over the dson river. the two aircraft went down just south of where a u.s. airways plane crash land seven months ago but beverly, tragically the outcome is much different. new york mayor michael bloomberg called the accident not surviveable. it is a crystal-clear, sunny day. three people on the plane including a child were headed to ocean city, new jersey. a number of people strolling along the river witnessed the deadly crash in disbelief. >> it was like a movie. it was turning, then the head went down first. >> two victims have already been recovered in the water. witnesses say the aircraft collided not far from the hoboken line. >> the helicopter went straight down in the water, there was a puff of smoke and a bang, the plane hit the water in a couple of pieces. >> according to the f.a.a., the plane, a piper a.a.-32 had just taken off from teterboro airport in new jersey. mayor bloomberg says it pacer the airplane crashed into the rear of the chopper. >> the visibility is about two feet at the depth of 30 feet. >> while the coast guard continues gatherin
will start to climb with the southerly winds, at the moment on digital doppler all is quiet, most of us staying dry. we have clouds sitting on top of us, so a mix of sun and clouds for this afternoon, but nonetheless, quite warm with temperatures in the upper 80s to around 90. by the time we get to monday, temperatures near 100 degrees, very h stuff. it's about time, it is summer. eun, back to you for the news. >>> thank you, steve. history is happening today, first hispanic supreme court justice will be sworn in. sonia sotomayor will take the oath twice, in a private ceremony with only her family and then a public ceremony. she will take her seat on the high court in september, when the justices convene for a special meeting. >>> the family ofunice kennedy shriver is gathered at her hospital this morning. the 88-year-old sister of president john f. kennedy has been hospitalized for about a week. california governor, arnold schwarzenegger, who is married to shriver's daughter, maria, is also said to be by her side. she's said to be in critical condition at a massachusetts hospital. shri
. the money will be used to improve infrastruck fur for trains to travel up to 95 miles per hour along o interstaid 95. it would run between peetdersburg and the district. >>> a memorable night for paul mccartney. it caused some to miss the show. there weren't any accidents or problems. it was just the sheer volume of traffic that caused the backup. it was comparable to that of a redskins home game. one limo driver expressed his frustration. >> a true night mair. people were driving me crazy to get here. go around, go up the shoulder, go up the other shoulder, do this, do that. >> well rs we were told the concert was great and mccartney even add addpecial song to the area.as was a song that micheld the president would want to sing for someone in his e. wusho us >>> for some students in our tho e,uswo schools in arilendxaae, run on a modifiedenal cdaada whh puts kids back inhen t classroot nd early bright a tomorrow morning e students a inla css nine week and then have a break for about three weeks. >>> a frightening fall for a philadelphia teenager as he drove his father's kaur off the
joins us live with the latest. >> reporter: that is the big question, are there other victims out the? right now we know of two women who have come forward talking to police. police have filed those charges. the women basically saying they came to this clinic and they were inappropriately touched by a man who worked here. police are telling us that man is jorge sanchez. he was arrested on two countses of sexual batry. police believe it all went down inside the chantilly specialist office. the owners have been open with the media as they discuss the alleged crimes. they say in a 24-hour period three female paents complainted about -- complained about sanchez. when they first got the complaint sanchez was not allowed to have any contact with women in the office. the two victims are 27 and 28 years old. the crimes happened between july 20th and august 6th. >> it is very disturbing because i didn't know it was going on. i mean, i haven't experienced anything but niceness from this man. >> she was devastated. this is a devastating, in vasive blow and it's not only were you sexually assault
but not until tomorrow for us and that could trigger showers and thunderstorms tomorrow. but today, mostly sunny skies. a hot afternoon. high of 92 degrees. we'll have more details on the forecast. right now let's go to lauren demarco in for julie wright. good morning. >>> we have a new accident 50 westbound at the airport and the h.o.v. lane is blocked so stay to the right to get past that. inbound new york avenue dealing with delays at bladensberg road. on the brakes inbound and then again at the 3rd street tunnel. no problems to report on the beltway. we do have a little bit of slow traffic on the op from college park toward silver spring and bethesda. here we are at the mixing bowl in springfield, 95 northbound looking good as you head in. h.o.v. lanes are moving well. and we do have some slow traffic northbound on 95 from stafford toward route 1. and after that it's a smoother trip toward 395 and the beltway. 395 moves across the 14th street bridge without a problem. that's a check of your tab tab. >> lauren, thank you very much. >>> and new this morning, a tishooting in prince george's cou
's probably about where we are at this point. at least we're not going deeper. >> tell us how you think the federal reserve is going to process this information today of somewhat better than expected results and the improvement in the jobs number. >> i think the real issue there is what does that do to the forecast? we know that the forecast was looking for a recovery, or at least beginning to be a pickup in the second half of the year. when you see the jobs numbers flowing like that, i think that confirms their outlook. they'll feel a lot better about it. >> i know you were with the fed. what do you think right now of the fed's ability to get out of this in time? do you think inflation from the current stimulus is a foregone conclusion? no way the fed can pivot at the right time? >> i think they have a real challenge on their hands. there's no question about it. you're going to have a slowing housing market. you're still going to have high unemployment. probably not a lot of signs of inflation. and that's going to be a tough sell to try to raise interest rates. everybody politically is
, properly billed to the government and used to support estimates for future contracts. over 100 billion -- and i didn't say 100 million -- over 100 billion of contract costs have been estimated, recorded, billed and controlled using these business systems. the complexity of these systems gives them incredible power for documenting and managing business operations, but also, the potential to create formidable obstacles to transparency for oversight and audit when poorly designed, incorrectly used or not updated. those weaknesses and obstacles are at center stage in this hearing. we will swear in two panels of witnesses, today. the first panel will represent federal agencies whose work involves dealing with or auditing contractor business systems. those wilkenses -- those witnesses are jeff parsons, executive director of the army contracting command, april stevenson, director of the defense contract audit agency, david rickey, director of business -- director of contract business operations at the defense contracting management agency, dcma. our second panel will consist of witnesses from
's rick santelli joins us now with a look inside the bond market. rick? >> thank you, tiler. it was a big up price down yield day for treasuries in response to the softness in the equity markets. as you look at this intraday chart of ten-year note yields, it's interesting to see. but what is really interesting is the five-year, the mid part of the curve led the drop in dwreelds and the buying that was going on by investors nationally, and globally. it had a sense of. but the ten-year by the end of the day, when equities had no bounce to put forth, did play catch-up and ended up ten basis points lower. the next chart, a couple months, you can see these lowest yields in about a month, july 13th, a month plus. now, the dollar was also part of the safety game today. as a matter of fact, for two reasons. on the one hand, the china story, lower equities. definitely puts a question mark in some of the aggressiveness or the future aggressive possibilities for commodities. so the tail wagging the dog, commodities, dollar denominee commodities moving down. but the dollar in and of itself is a safe
the president will lose 100 votes in the u.s. house. meanwhile, senator inspector is not about to write off -- senator spector, is not about to write it off. listen to this. >> because there are some people who are discouraged about it. the coop might have the same elements where there is an operation which is not for profit. but let's write the bill, let's consider it and let's try to do something positive. gretchen: the interesting thing here is they probably have the votes in the house to pass the health care reform bill with the government-run program intact. but they may not have the votes, the democrats in the senate because a lot of the blue dogs have said, hey, we are not going to pass this, we are not going to put our nation further into debt for the remainder of our children and grandchildren to try to figure out. so the interesting thing about health and human services secretary kathleen cebellius was, was that for conservatives who don't want the government-run program or for the liberals? i think it was for the liberals. you saw the reaction more from them. steve: absolutely. g
disrupted this election like many of us thought might take place. so far this election is said to have gone reasonably well despite the violence and low turnout. brian: who's favored to win? is it karzai in a run away or are the polls, indeed, closing? >> well it looks like president karzai will probably take the overwhelming share of the vote but probably won't get enough to avoid a second-round runoff. he needs 50% plus one vote in order to win outright. and right now he looks well short of that. but it all depends on turnout to see just who who will win and if there will be a second round of this election. brian: all right, conor. thanks. gretchen: iraq's prime minister is calling for a security review after a wave of bombings. sunni insurgents are blamed for the violence yesterday in baghdad. malaki's statement is the first by government leaders there acknowledging security problems since the u.s. withdrew troops from iraqi cities. president obama called the violence "senseless." two soldiers are dead in the crash of an army blackhawk helicopter near the top of colorado's second highest
will be with us in a moment to help us discuss this, along with john tamney of real clear market. firstoff, pearson joins us now with the full report. was anybody surprised down there, hampton? >> the timing, yes, overall, probably not, president obama interrupting his martha's vineyard vacation to make the announcement appointing ben bernanke as second term of federal reserve. the president said ben bernanke has already made history. >> good morning, everybody. as expert on the causes of the "great depression," i'm sure ben never imagined he would be part of a team responsible for preventing another but because of his background, his temperament, his courage and creativity, that's exactly what he has helped to achieve. that is why i am reappointing him to another term as chairman of the federal reserve. >> and for his part, the fed chairman sounded like he was warming up for his senate confirmation hearing. >> mr. president, i commit today to you, and to the american people that if confirmed by the senate, i will work to the utmost of my abilities, with my colleagues at the federal reserv
hall road and miller road. as a result you will want to use 95 instead. it's getting busy but so far in significant issues to talk about. on the southbound lanes from mountain road heading toward 695, right now we're only looking at an 11 minute clip. 95 through the city at the fort mchenry tunnel. we are in excellent shape. if you're going to approach the downtown region from 695 it's going to take 15 minutes. we have the broken watermain that completely shuts down saratoga street between green street, and martin luther boulevard. that's a look at the morning commute. back to you. >>> baltimore raven tony fein says he is innocent. the rookie linebacker was arrested sunday for assaulting a police officer after someone thought they saw him pass a handgun at a restaurant at the inner harbor. now some say he was racially profiled. megan gilliland joins us with the latest. good morning, megan. >> reporter: good morning, patrice, fein's attorney says that his client was targeted by police because he is black and because of the hoody was wearing now fein speaks out for himself. the large
, and if congress creates government-run health insurance, should lawmakers have to use it? we report. you decide. all that, plus the fox all-stars. "special report" starts now. cheer clear chris: welcome to washington. i'm chris wallace in for bret baier. the obama administration's cash for clunkers program is looking for a $2 billion refill. the senate is expected to vote before it goes on august recess whether to approve more money for rebates that have encouraged tens of thousands of people to trade in their own gas guzzlers for new more fuel efficient cars. white house correspondent wendell goler is live with an update. good evening, wendell. >> chris, this legislation passed by a 3-1 margin in the house an harry reid is confident he has the votes to pass it in the senate but lawmakers are spending hours debating amendments they know will be rejected just to get their objections on the record before they go home for the august break. as of yesterday, the clunkers program had burned through three-quarters of the billion dollars congress initially appropriated, suggesting the original $4 billi
that is all the time we have this evening. thank you for being with us. the news continues with greta. we will see you back here tomorrow night. greta: can you hear me now? you all know that commercial. it was no commercial yesterday. it was the real deal. it happened at a town hall meeting. councilwoman answers herself phone while she is being asked a question. the woman who asked the question is here. what do you want from these town halls? what is the point? you will hear from rush limbaugh coming up. there is a new information regarding pakistani terrorists. henry kissinger goes on the record. the town hall process continues. >> [unintelligible] >> it triples premiums. >> stand up and fight. we woke vote -- we will vote you out. [unintelligible] [applause] >> it got a little bit rough these days. next question. he did not answer it. he taught in circles. >> people come to town meetings who have objections. i emphasize that they may not be representative of america. their views have to be taken into account. >> there is some disagreement. >> how are we supposed trust you
sad eek will join us. >>> and huge match for d.c. united over the weekend, getting ready to take on one of the best teams in the world and we'll get the scoop for this game on sunday. >>> and their epic battle comes to an end. dave versus dave wraps up today as they fight it out to see who can be the best kick returner. >> they both start with one. we'll check o with them. but first we should check in on the forecast for those heading out there. this is the last day for training camp and will they see nice weather. >>> >>> they'll see plenty of sunshine. good morning, everybody. the current reasons reported here in the washington area, a comfortable 65 degrees. very nice out. relative humidity is 73%. a little bit of a breeze out of the northwest making it feel a ttle bit chilly. 5 mile-per-hour winds outf o rtthe hwhwt. ba .0ad30t 8.te 30.08. here is lokothokt ae urite t radaeg for orur . rion. there are clouds out to the west. iot a lot though. even if they pass through the ev ll be a period where you'll have some clouds but for the most part we'll see a lot of sunshine toda
your calls on these topics, 1-877-tell-hln. e-mail us at cnn.com/primenews. or text us, start the message with the word prime. it's your chance to be heard. -- captions by vitac -- www.vitac.com >>> welcome. this is "prime news." i'm mike galanos. a revealing report just released in the casey anthony case. would you know, her phone records show a year ago, no calls, no texts to a zenaida gonzalez, the alleged babysitter that she accused of taking little caylee. plus this bombshell found among the more than 1,000 pages of documents. investigators did not find blood in the trunk of casey's car. but what about the evidence of human decomposition that turned up. and the vaporized chloroform. we love hearing from you. we'll take your calls, 1-877-tell-hln. joining us to talk about it, steve rogers, detective lieutenant for the nutley new jersey police department. also former member of the fbi joint terrorism task force. also joining us, attorney ann bremner, mike eiglarsh, and back with us again in orlando, reporter marva. marva's been on this since day one. marva, give us the lay
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